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Trinity church is on the west side of Broadway, thirty paces to your left. Standing with your back to Trinity church door you look straight down Wall street, with a little s. All of this is Wall Street with a big S. You are in the midst of it.

If it is nine-thirty or a quarter to ten you may see here and there in the preoccupied throng groups of three bearing wealth,—in each case two men with a box carried between them and a third walking close behind with one hand resting lightly upon something in his outer pocket. These are the trusted clerks of big banking and brokerage houses. They go each morning to fetch the strong box from one of the great Wall Street safety deposit vaults. At four o’clock they take it back for the night. The third man walking behind is probably unnecessary. If the box were not too heavy one man unarmed might bear it safely to and fro. Banditry,—that is to say, taking by force,—is here unknown. There is a legend to account for this fact. It is that the police keep a dead line around the money district which thieves dare not cross. Every crook in the world is supposed to know and respect the sacred taboo. It may be so, more or less. One need not believe it whole. A much more probable explanation is what any highwayman knows. He might make off with a dozen of those strong boxes and then be no richer than he was before. They contain no money at all, but stocks and bonds, numbered and registered, which represent wealth reduced to an impalpable, theft-proof form. A railroad may lie in one of those boxes. But if you ran away with the box you would have neither the railroad nor anything you could turn into cash. The lost stock and bond certificates would be cancelled and new ones issued in their place; and after that anyone who tried to sell one of the stolen certificates would be instantly arrested.

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